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A $233M CMBS bundle backed by Sprint’s former HQ, a 20-building office campus in suburban Kansas City, resulted in just $146M for creditors when the loan sold in May. The riskiest portion, worth $65M, ...
Merchants also raised the amount of substandard loans to from $323.6M to $417.7M between the first and second quarters.
The record-setting Alexandria lab lease in San Diego showcases how biotech has few big tenants left to take empty spaces.